Trust and Estate Administration FAQs
A trust is a fiduciary agreement and is part of a larger estate plan. A trust is often used as a tool to minimize taxes and protect assets. If the creator goes bankrupt, creditors cannot make claims on the assets... Read More →
Estate Planning Considerations for Families with Special Needs Children
Families with special needs children must exercise special care when creating their estate plans. While planning considerations for children with special needs varies depending on their age, competency, and family situations, the objective always remains the same – creating a... Read More →
How Early Should You Start Estate Planning?
A well-designed estate plan prevents financial and legal hassles for your loved ones after you are gone. It goes a long way in helping prevent stress in relationships and ensuring that the creator’s wishes regarding asset distribution and their health... Read More →
What Questions Should I Ask an Estate Planning Attorney About Living Trusts?
A living trust is a legal document that can be used to establish a trust for any assets that the creator wishes to transfer into it. The person can continue to use the assets placed in the trust, but they... Read More →
Estate Planning Tips to Help Reduce the Chance of Family Conflict
People plan their estate to secure the future of their loved ones. Unfortunately, in some cases, estate planning can cause conflicts instead of preventing them. Money is a leading cause of conflicts in relationships. Even if your loved ones get... Read More →
4 Reasons It’s Time to Update Your Estate Plan
You cannot set up your estate plan and forget about it. Remember to revise your estate plan periodically to make sure it reflects your current situation. If your estate plan is three or more years old, you should consider updating... Read More →
How Do Blended Families Handle Estate Planning?
Blended families often face complex estate planning challenges. If you are raising a blended family, you need to ensure that your trust protects your current spouse and children from your previous marriage. Open and honest communication is the key to... Read More →
Is Estate Planning the Same as Planning a Will?
Many people use the terms estate planning and will planning interchangeably. They are, however, two different processes. The basic purpose of creating a will and estate is the same – to provide relatives with instructions about how the creator’s property... Read More →
Having an Estate Plan is More Than Just Having a Will
Many people think that estate planning is only for the super-rich. This couldn’t be further from the truth. Estate planning is for everyone who owns assets. Estate planning is all about minimizing risks, and ensuring all your assets are inherited... Read More →
What Does a Real Estate Attorney Do For a Homebuyer?
Buying a home is a significant life decision. There are several legal considerations to keep in mind before you sign the contract. To ensure a smooth experience, consider hiring a real estate attorney in Santa Rosa when buying a home.... Read More →